Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 90 - STRATEGIC RESERVE FUND
Section 123-090-0030 - Ineligible Expenditures

Universal Citation: OR Admin Rules 123-090-0030

Current through Register Vol. 63, No. 9, September 1, 2024

Strategic Reserve Funds will not be used to assist:

(1) Relocation of a business from one part of the state to another, except for businesses that would otherwise relocate outside Oregon. This restriction may be waived if the Director finds there is good and sufficient reason.

(2) The retirement or service of debt for any public or private entity; or

(3) The Department with any administrative expenses without legislative authorization.

Stat. Auth.: ORS 285A.075

Stats. Implemented: ORS 285B.266

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